Scotiabank completes a good week for the big banks

By Jamie HenryFont size :

Canada’s biggest banks all reported results last week and exceeded expectations. On Friday Scotiabank continued the trend with profits up almost 2 per cent to $1.73 billion on revenue of $5.94 billion (up from $5.7 billion a year earlier.) The mortgage lender announced a buy-back of up to 24 million of its shares.

Are you looking to invest in property? If you like, we can get one of our mortgage experts to tell you exactly how much you can afford to borrow, which is the best mortgage for you or how much they could save you right now if you have an existing mortgage. Click here to get help choosing the best mortgage rate